Need to incentivise, set targets for cos to reduce emission – 9 April 2012, Business Line

With the Rio+20 Earth Summit in June nearing, climate change issues are heating up. One sticky issue is the carbon emission tax on airlines imposed by the European Union (EU) from January this year. India and China, along with 22 other countries, have decided not to pay the tax. But, the European Commission’s Director General, Climate Action, Mr Jos Delbeke, is hopeful.